Season Finish, Input Costs See Demand Firm for Quality Country
Australia’s grain output remains above average, but a 10% drop in northern NSW production and soft commodity prices are tightening grower margins. Rising diesel, petrol and fertiliser costs, together with higher interest rates, are pressuring profitability across the southeast. Despite the squeeze, premium farmland continues to fetch strong prices – southern Queensland dryland blocks trade around $14,000‑$16,000 USD per hectare and South Australian premium parcels exceed $30,000 USD per hectare. Western Australia recorded a record 27.35 Mt harvest, underscoring the country’s resilient grain capacity.
The World Is Burning Through Oil With No Resupply in Sight. Is SHEL Stock a Buy Before the Squeeze Gets...
The ongoing Middle East conflict has shut the Strait of Hormuz, leaving the world short about 1 billion barrels of oil and driving prices higher. Shell (SHEL) CEO Wael Sawan and peers at Chevron and ExxonMobil warn the imbalance will persist...
The Commodities Feed: Oil Surges as Peace Deal Hopes Fade
Oil prices surged after President Trump dismissed Iran’s latest peace‑plan proposal, underscoring the market’s sensitivity to geopolitical headlines. In April, China’s crude oil imports fell 20% year‑on‑year to 9.4 million barrels per day, the lowest level since mid‑2022, while natural‑gas imports...
Crude Oil Prices Jump 4% on US-Iran Peace Talks Failure; Brent Crude Near $104 per Barrel
Oil prices surged on May 11 after the United States and Iran failed to reach a Washington‑backed peace deal, reigniting concerns over the Strait of Hormuz. Brent crude rose 3.1% to $104.47 a barrel, while U.S. WTI jumped 4.1% to...
Oil Climbs as Netanyahu and Trump Remarks Stoke Worries over Rising Middle East Tensions
Oil prices surged on Monday after Israeli Prime Minister Benjamin Netanyahu warned that the conflict with Iran was "not over," and U.S. President Donald Trump rejected Iran's cease‑fire proposal. West Texas Intermediate rose 3.08% to $95.42 a barrel, while Brent...
What Drives the Price of Gold Up and Down?
Gold is trading around $4,700 per ounce in May 2026, still about 16% below its January peak of $5,600. Analysts are split, with some projecting a climb to $6,000 by year‑end while others advise caution. The metal’s price is shaped by...
Jim Cramer Sends Message to Investors on Popular Safe Haven Asset
Jim Cramer told CNBC viewers on May 7 that he is not bullish on gold, echoing veteran trader Larry Williams’ forecast of further declines. Gold has slipped 13% this year, trading around $4,867 per ounce after peaking at $5,589 in late January....
Natural Rubber Prices Soar on Iran Tensions, Boosting Asian Suppliers
Natural rubber prices have surged to their highest level in nine years as the United States’ war with Iran pushes manufacturers toward the latex‑based material over oil‑derived synthetic rubber. The price spike, estimated at roughly 30% year‑over‑year, is boosting revenues...
Oil Jumps as Hormuz Stays Shut After Trump Rebuffs Iran’s Offer
Oil prices surged after President Donald Trump dismissed Iran's latest peace proposal, keeping the Strait of Hormuz effectively shut. Brent crude jumped up to 4.5% to $105.80 a barrel, while West Texas Intermediate hovered near $100. The rejection highlights escalating...
Why Cereal Prices Have Skyrocketed Over The Years
Since its invention in 1863, breakfast cereal has become a staple, but its price has surged dramatically. A box that cost $20 in 1977 would cost about $100 in 2026, more than five times the original price. The rise stems...
China's Solar Boom Has Created a Massive Oversupply Problem
China now produces more than twice the global demand for solar components, driving a price war that has left many manufacturers indebted. Industry leaders and the government have convened to launch a $7 billion buy‑out of inefficient plants, impose capacity caps,...
The Worst Spring Drought on Record Is Putting U.S. Crops at Risk
The United States endured its worst spring drought on record, with more than 60% of the lower 48 states in moderate drought or worse. The Southeast was hit hardest, as nearly 100% of the region experienced moderate to exceptional drought—the...
Manufacturers Face Crunch on Industrial Metals
The Iran war has sharply disrupted industrial‑metal supplies, pushing U.S. aluminum prices up nearly 90% as shipments from the Persian Gulf falter and tariffs jump from 10% to 50%. Automakers, which now use 30% more aluminum than in 2020, face...
Queue & A: CNG Drivers Line up for Answers as Demand Beats Supply
Commuters in Bhopal are confronting two‑hour queues at the city’s 28 CNG pumps, a stark contrast to the 191 petrol and diesel stations available. Demand for compressed natural gas has tripled over the past three years, yet supply has not...
Fuel Price Hike Coming? Oil PSUs Losing Almost ₹30,000 Cr per Month
Indian state‑run oil firms are absorbing roughly ₹30,000 crore ($3.6 bn) in monthly losses by selling petrol, diesel and LPG below market rates. Crude oil prices have jumped from about $69 a barrel in February to $114.4 last month, while the rupee’s...
Oil-Price Bets Ahead of Iran War News Totalled $7 Billion, Reporting Shows
Reuters analysis uncovered a series of short positions on oil, diesel and gasoline futures worth roughly $7 billion that were executed minutes before four major U.S. announcements on Iran in March and April 2026. The trades, placed on ICE and CME...
Fertilizer Squeeze: Why Soaring Import Costs Are a Policy Tightrope for India
India’s fertilizer import costs have surged after US‑Israel strikes on Iran, pushing global urea prices up 81 % in two months. The country relies on imports for 25 % of its urea, 90 % of phosphate and all potash, making the shockwave a...
War with Iran Has Aviation Costs Sky High. Are There Alternatives to Jet Fuel?
The Iran‑Russia conflict has spiked jet‑fuel prices, forcing European carriers such as Lufthansa and KLM to trim routes. Sustainable aviation fuel (SAF), derived from sources like used cooking oil, waste and even human sewage, now accounts for roughly 0.6% of...
Traders Go for Burundi and Rwanda Tea over Kenyan Levy
Kenya introduced a 0.8% export levy on home‑grown tea on May 1, 2026, raising the cost of Kenyan tea at the Mombasa auction. The levy, collected upfront by the Kenya Revenue Authority, has prompted traders to favor Rwandan and Burundian teas,...
Introducing the ‘NACHO’ Trade: How Wall Street Is Betting on Higher Oil Prices and Persistent Inflation
Wall Street has coined “NACHO” (Not a Chance Hormuz Opens) to describe a trade that profits from higher oil prices and lingering inflation. The strategy pairs long exposure to oil‑linked assets with short positions in short‑term Treasuries, betting that the...
CPC to Leave Gasoline, Diesel Prices Unchanged for Next Week
State‑run oil supplier CPC Corp. announced a price freeze for Taiwan’s gasoline and diesel for the week of May 12‑17, keeping retail rates at NT$32.4, NT$33.9 and NT$35.9 per liter for 92‑, 95‑ and 98‑octane gasoline and NT$31.0 for premium diesel....
Excited About Gold But Unsure of Its Trajectory? Try These 3 Approaches
Gold’s price has swung dramatically this year, hitting all‑time highs before retreating amid geopolitical tension and policy uncertainty. By early May the metal rebounded, climbing roughly 2% in a week and posting a 9% year‑to‑date gain. The article highlights three...
Taiwan’s Plastic Habit Collides With Shortages Caused by a Faraway War
Taiwan’s plastic sector is scrambling for feedstock after the Iran war disrupted petrochemical shipments from the Persian Gulf. Formosa Petrochemical, the island’s largest producer, imports two‑thirds of its naphtha from the Middle East, but tankers stopped arriving in early March,...
Oil Ticks Higher as Gulf Clashes Threaten to Derail Ceasefire
Oil prices edged higher on May 9 as Brent crude rose 1.2% to about $101 a barrel, even though the benchmark posted a 6% weekly decline. The move reflects trader anxiety that fresh clashes between the United States and Iran...
Cotton Rallies Back on Friday
Cotton futures closed Friday up 177 points, with the July contract gaining 54 points for the week. Managed money added 12,829 contracts, pushing its net long to 51,184 contracts—the highest level since April 2024. USDA export sales commitments sit 1%...
Corn Bulls Bounce Back Into Friday’s Close
Corn futures edged higher on Friday, with the near‑month contract gaining about 3.5 cents to close at $4.56 per bushel and the July contract up 3.75 cents to $4.71. The broader cash corn index rose 3.75 cents to $4.3075 per...
Soybeans Recover Higher on Friday
Soybean futures rebounded on Friday, gaining 10 to 17¼ cents and closing near $11.40 per bushel, while July contracts rose 4¾ cents for the week. Managed money increased its net long position by 36,335 contracts, reaching 221,617, and speculators extended record net...
Wheat Bounce Higher Into the Weekend
U.S. wheat futures rallied on Friday, with CBOT, Kansas HRW and Minneapolis contracts gaining between 5¾ and 11¼ cents. CFTC data showed managed money shifting to a net short of 9,903 contracts in CBOT wheat, while speculators added 7,245 contracts...
Albemarle (ALB) Gets Truist Price Target Boost on Lithium Price Momentum
Truist Securities raised its price target for Albemarle Corp. (ALB) to $245, up from $210, while keeping a Buy rating. The increase reflects revised earnings forecasts for 2026 and 2027, driven by sustained lithium price momentum into early 2026. Analyst...
Gold Has Climbed Back Above a Key Trend Line. Are More Gains on the Way?
Gold futures surged above the 21‑day moving average on May 8, signaling a potential rebound after a prolonged pullback since the January record high. The same contracts also retested the 50‑day moving average for a second day, a key medium‑term trend...
Mideast Disruption Hits 1 Billion Barrel Milestone
Energy Intelligence estimates that the ongoing war in the Middle East has removed roughly one billion barrels of crude oil, petroleum products and other liquids from global markets, based on shipping data analysis. The disruption reflects a combination of port...
Delayed Publication of Fastmarkets’ North American Ferrous Scrap Prices for May
Fastmarkets, which normally publishes North American ferrous scrap prices by the 10th of each month, announced a delay for the May data set. The postponement stems from ongoing negotiations between buyers and sellers and the fact that the 10th falls...
Market View: Elevated Storage Levels Keep Lid on US Gas Futures
US natural gas futures rose to a three‑week peak on May 4, driven by signs of market tightening. However, abundant gas inventories kept the June NYMEX contract from breaking the $2.80 per MMBtu resistance level. Storage volumes remain well above the...
Market Watch: June Nymex Sinks Amid LNG Plant Maintenance
June Nymex natural‑gas futures slipped 1.2 cents to $2.757 per million Btu as demand softened. The Energy Information Administration reported a 7% weekly drop in LNG feed‑gas consumption, driven by maintenance at Corpus Christi, Cameron LNG and Calcasieu Pass. Meanwhile,...
Natural Gas Spot Prices, May 8, 2026
The request contains no actual article content—only navigation elements, share links, and a login prompt—so there is no information to summarize about natural gas spot prices on May 8, 2026.
Cattle Futures Finish the Week Lower
Cattle futures on the Chicago Mercantile Exchange slipped this week, with June live cattle down $1.15 to $248.90 and August feeder cattle falling $2.42 to $362.22. The decline was fueled by technical selling and a stronger corn market that raised...
Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts
Cenovus Energy posted a record Q1 2026 with net earnings of C$1.57 billion (≈$1.2 billion USD), a 19% rise in upstream output to 972,100 BOE/d, and a 10% dividend increase. CEO Jon McKenzie warned that Canada’s unresolved carbon‑pricing talks and a unique industrial carbon tax...
Copper Near Record Highs. Market Fears Supply Constraints and Bets on Str...
Copper futures on the COMEX rose above $6.29 per pound, edging close to the record set in late January. The rally is fueled by expectations of sustained demand from AI data centers, power‑grid modernization and electric‑vehicle production, while supply worries...
Natural Gas Bulls Look to LNG Risks for Support as Shoulder Season Drags On
Natural gas spot prices were largely flat on Saturday‑Monday delivery, except in West Texas where they plunged amid robust production and weaker LNG demand. Maintenance outages at key LNG facilities and milder shoulder‑season weather further dampened demand. June NYMEX futures...
Traders Eye Northwest Natural Gas Repricing as Canadian Imports Plummet, but Improved Flows Limit Upside (For Now)
Northwest natural‑gas prices rebounded in early May, climbing above $1.30 per MMBtu after a month of sub‑$1 levels. The price gap between California’s Malin hub and the Northwest Sumas point tightened dramatically, reaching just 2 cents—a fraction of the typical...
Driving Less, Canceling Vacations, and Tightening Budgets: All the Ways Americans Are Coping with Soaring Gas Prices
U.S. gasoline prices surged to $4.54 per gallon, the highest level since the early‑2022 Ukraine war, as the conflict in Iran pushes global oil markets higher. A new Ipsos‑Washington Post‑ABC poll shows 44% of Americans have reduced driving, 34% have...
WTI Crude Oil Settles up 61 Cents to $95.42 per Barrel
WTI crude oil settled at $95.42 per barrel, up 61 cents, as the market absorbed ongoing Iran‑U.S. tensions. December WTI futures rose $1.50 to $79.85, narrowing the gap with near‑term contracts and signaling a bullish term structure. Traders are pricing...
Oil Prices Rise As US-Iran Fighting Continues
Brent crude jumped to $101.47 a barrel and WTI to $95.71 after the United States and Iran exchanged air strikes, reigniting fears over the Strait of Hormuz and the cease‑fire. Traders priced in potential supply disruptions, pushing prices up as...
Golden Pass LNG Feed Gas Climbs as Second Cargo Prepares to Leave Texas
Golden Pass LNG loaded its second export cargo from the Texas terminal as feed‑gas nominations surged to a new high. The ramp‑up of Train 1 continues, signaling progress toward the plant’s full commercial capacity. This milestone comes amid ongoing global LNG...
Will DOJ Victory Reduce Price of Chicken, Pork and Turkey?
The Justice Department settled a case with Indiana‑based Agri Stats, requiring the firm to share detailed processor data that regulators say helped lift chicken, pork and turkey prices. In March, chicken averaged $3.25 per pound, pork $3.30 and turkey $4.68,...
The Iran War Has Broken the Oil Market’s $100 Barometer
The Iran war has kept Brent crude near $100 a barrel, but refined products are soaring. J.P. Morgan notes jet‑fuel prices have jumped about 72% and gasoline up roughly 52% since the conflict began on Feb. 28. U.S. refiners are shifting output...
Gold, Silver Rates Today: Comex Gold Jumps $50/Oz, Silver Rallies $2 as Traders Track US-Iran Talks
Precious metals extended their rally on Friday, with Comex gold jumping $50 to $4,760 per ounce and silver climbing $2 to $82.16, up 5.45% for the week. The surge was fueled by optimism around a potential US‑Iran peace deal and...
Oil Prices Back Over $100 as Hormuz Remains Closed
Brent crude surged 1.8% to $101.80 a barrel as the Strait of Hormuz remained closed following U.S. forces disabling two Iranian tankers. Meanwhile, U.S. employers added 115,000 jobs in April, far exceeding expectations and propelling the S&P 500 toward record highs....
Canadian Natural Hits Record Natural Gas Output, Holds Montney Supplies ‘in the Bank’
Canadian Natural Resources posted a record 2.668 billion cubic feet per day (Bcf/d) of natural gas in the latest quarter, the highest output in the company’s history. The surge coincided with a 6% rise in natural‑gas prices, reflecting tightening global...
Fertilizer Firms See Profit Windfall as War Upends Supplies
Fertilizer giants CF Industries and Nutrien posted roughly 20% sales growth in the latest quarter, driven by soaring nitrogen fertilizer prices after Iran’s war disrupted the Strait of Hormuz. Granular urea in New Orleans jumped about 36% and Egyptian prices...